February 3, 1910 (11th Parliament, 2nd Session)

CON

Mr. BEATTIE:

Conservative (1867-1942)

1. Is it a fact that the Banking Act of Canada will expire shortly?
2. If so, has the government obtained any reliable information regarding the Banking Acts of other countries ? If not, will the government endeavour to secure such information in the near future?
3. Does the government intend to allow that portion of the existing Banking Act to remain in force, by which the banks of Canada are said to issue nearly one hundred millions of dollars of currency; thereby making, as alleged, enormous profits, for which privilege the people of Canada do not receive one cent of interest in return?

Topic:   QUESTIONS.
Subtopic:   THE BANKING ACT.
Full View